Buying property in the East Timor

Hi,

can a foreigner buy property in the East Timor?

If so, is it complicated? What is the process of purchasing a property in the East Timor?

Any tips for buying property, such as a check-list of items to verify ?

Thanks in advance for participating!

Christine

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Hi Christine,

I am no expert but from what I know a foreigner cannot purchase property directly in East Timor.  I have heard of many that lease land for longer periods and some that go into partnerships.

Cheers
Jason

[email protected]

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Thanks for your help Jason!

Harmonie.:)

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Is the rental property market is still on the high scale after UN left?

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Hasn't changed a bit, in fact it is even more expensive, crime is on the rise as well........Land ownership is a big deal in Timor-Leste, they are enacting more new land laws, and the Ex=Pats here are all a little edgy because the leases that were given ten/twelve years ago are about to tun out.  There is no Garauntee they will be renewed, as for purchasing property, forget about it.  You may lease the land and own the bldg on it, even the US Embassy has several properties they own, but not the Land.

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